CUSO trade group stresses credit availability to, job creation by, small businesses.
Over the past couple of weeks, bits and pieces have leaked out about a new commercial loan pilot program from Amazon Inc. and how the online retail behemoth’s entry into the small business lending could put credit unions, banks and other lenders on high alert.
NCUA spokesman confirms meeting cancellation was to delay release of rule so more work could be done. CUSO lawyer, NACUSO CEO approve.
One of the biggest challenges we face today is how to profitably grow while providing outstanding service and value to our members.
This year's awards program expanded to recognize the credit union demonstrating the successful use of a CUSO collaborative model to serve membership’s financial needs.
After receiving more than 280 comment letters on the matter, credit unions may see a final amended CUSO proposal by midyear.
The temperature this summer may have gone up a few more notches in credit union land when the NCUA announced a proposal that would bring several amendments to the CUSO rule.
Several new concerns have been raised about the NCUA’s proposal to regulate CUSOs, including whether the regulator took the time to think through its plan.
As Jack Antonini approaches the one-year mark since taking the helm at the National Association of Credit Union Services Organizations, the former bank CEO marveled at the number of collaborations CUSOs frequently engage in.
Michael Gudely said he is aware that his position on a new proposal that that would essentially change how credit union service organizations are monitored may go against the grain